Jan 13, 2018 at 13:49

CoinMetro (XCM), the financial platform fueling the future of blockchain innovation, has sold 50 million units from its Initial Coin Offering (ICO).

The amount contributed is around Euro 3,058,641.66 from 2095 contributors in the current XCM price 0.11 EUR.
Combining the three major components of the digital economy: a cryptocurrency exchange, a trading platform, and an ICO platform. It offers a ‘one-stop shop’ cryptocurrency trading environment that is customer-centric to its core. Offering buying, selling, investing, trading and cashing out services, it will provide a positive consumer experience from initial query through to trading and into post-transaction.

The initial token sale took place last December 21st, 2017 at 21:00 UTC and will end on January 21st, at 21:00 UTC this year.

During the period of the pre-token sale, the price of each XCM will start at 0.03 EUR. The price will increase by 0.02 after every 12,500,00th COIN is sold. The pre-token sale cap is set to 50 million units. Any COIN not sold during the pre-token sale will be carried over to the token sale.

Pre-Token Sale contributors are eligible for a bonus of up to 500 percent.

ICO is used by startups to bypass the rigorous and regulated capital-raising process required by venture capitalists or banks. In an ICO campaign, a percentage of the cryptocurrency is sold to early backers of the project in exchange for legal tender or other cryptocurrencies, but usually for Bitcoin.

CoinMetro has been created by the team behind the regulated Forex broker, FXPIG in 2011. CoinMetro delivers an innovative user-focused framework that offers mobility between blockchain-based digital assets and mainstream markets.

The main token sale will start in 40 days as of this writing.